Facing tough comparisons with last year’s World Cuprun-up, adidas Group had an 11% decline in net income to €128 million ($172.8 mm)from €144 million as sales rose 3% to €2,538 million ($3,426.3 million) from€2,459 million. Excluding the impact of including Reebok Jan. results this yearand the disposition of Greg Norman, sales rose 4% currency neutral. What reallygot everyone’s attention, however, was that despite ongoing issues in its twobiggest markets of the U.S. and the U.K., Reebok generated strong enough ordersin Asia, Latin America and the emerging European economies to see ordersincrease 3% on a currency neutral basis (-3% in €).

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